900 Marshy Cove Resident Selected By Cambridge Main Street

HARRINGTON FEATURE PHOTOGRAPHER FOR WEBSITE REDESIGN

Local photographer Jameson Harrington has been selected to be the first photographer to showcase work on Cambridge Main Street's new website, which will be unveiled at its annual fundraising Spring Fling fundraising event on April 9 at the Choptank River Golf and Events Center. You can purchase tickets to Spring Fling HERE.

http://www.cambridgemainstreet.com/index.php

Congratulations to Jameson Harrington.

mc900@comcast.net 

Deep Harbour Residents and Associates Showcase their Artwork

Deep Harbour Residents and Associates 

Showcase their Artwork. 

http://www.cambridgemainstreet.com/artists

LISA KRENTEL LEADS LOCAL ARTISTS SUPPORTING SPRING FLING

Lisa Krentel has completed four paintings reminiscent of Hubble Telescope images, and they will each be auctioned off at Spring Fling. Several artists have stepped up with original pieces, and they can only be gotten in our live and silent auctions, which will also showcase amazing trips and one-of-a-kind experiences from your favorite downtown businesses.

The group has also amassed a collection of jewelry, photography, and clay art pieces from accomplished local artists including Ann Geiger, Linda Starling, Theresa McFadden and many others.

Lisa attends all of our 900 Marshy Cove Meetings recording our meeting minutes.

Ann is a full time resident owner at Deep Harbour.

Congratultions to them for their fine work.

Spring Fling

WHAT'S NEXT TO PROVIDE LIVE ENTERTAINMENT

The 2015 Spring Fling raised the bar for live entertainment, so Cambridge Main Street went out and got a group named 'Best Party Band' by Baltimore magazine in 2013, 2014 and 2015. Find out more about them at their website HERE.

SPRING FLING By the Sun, Moon and Stars

GET YOUR TICKETS TODAY... Tickets to this year's annual Spring Fling fundraiser are going fast,  so head HERE to make sure you don't miss out. The High Spot will provide an assortment of heavy appetizers and we have world class entertainment.

900 Marshy Cove needs your help!

At our Annual Meeting of Owners on May 14, we will have a vacancy on the Board of Directors. 

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Please indicate your interest to serve on the board by contacting a board member, Sentry Management or sending an email to mc900@comcast.net.

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The Board meets four times during the year to decide on projects, to solve problems, and to manage finances.

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Every owner pays over $4,000 to the Association each year. The board decides how your money is spent. 

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It's your property, it's your money.

Get involved.

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mc900@comcast.net

We would like to have one of the gentlemen to serve, but they are not owners

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SAVE THE DATE! Monday, May 16, 2016, 5th Annual 900 Marshy Cove Rockfishing Trip

This will be the 

5th Annual 900 Marshy Cove Rockfishing Trip.

We will be fishing the Chesapeake on Excalibur with Captain Perry.  The boat leaves the dock at 6:00 AM from Kentmorr Marina in Stevensville on Kent Island.

(We are also considering fishing out of Ocean City this summer.)

If interested, send your email to mc900@comcast.net

http://www.excaliburcharters.com/default.asp 

Click Here for EXCALIBUR

Leo gets a big one

A beautiful day on the bay

Big enough to keep

David with his trophy fish

Captain Perry never stops working,

Garage Insulation Project, Marsh 21-25, 2016

Beazer Homes has contracted Delamarva Insulation to install insulation above the drop ceilings in Cattail Cove and 900 Marshy Cove.

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http://www.delmarvainsulation.com/

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The estimated cost is approximately $6000. All of which will be paid by Beazer Homes.

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700 Cattail Cove is scheduled for the week of March 21.

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900 Marshy Cove is scheduled for the week of March 28.

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Garage Parking will be restricted during the days of installation.

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Your building's association and Sentry Management will notify the residents of temporary changes to parking arrangements. 

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mc900@comcast.net

Are you receiving mail? Electronic access to your account.

Apparently some owners have not received ballots for the proposed amendment vote. If this applies to you, please update your mailing address.

You can check you address and account status 

on the Sentry website.

https://accesssentrymgt.com/dx/sentry/loginh.html#

Contact Sentry Management for more details 

or contact a Board of Directors member with your questions.

Sentry Management Inc   

601 Locust St Ste 302

Cambridge MD  21613

(410) 221-0398; (410) 221-9977 (fax)

cambridge@sentrymgt.com

Ballots for By-Law Amendment,

By now, all owners should have received Ballots and Proxies for the proposed By-Law amendments. Your votes will determine the future of 900 Marshy Cove. 

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These amendments will limit the number of rental units and protect the Association from bulk buyers. Limiting the number of rentals will protect the re-sale value and insure financing by FHA, VA, FNMA(Fannie Mae), and FHLMC(Freddie Mac.) 

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The mailer sent to each owner contains five pages and a stamped, addressed envelope for convenience. Please sign the two green pages which are the proxy and ballot and mail them in the provided envelope.

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Help all of us by submitting your vote as soon as possible.

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Many Thanks, 

900 Marshy Cove Board of Directors

Questions? concerns? ideas?

Send them to mc900@comcast.net

Beazer Homes Steps Up: Insulation to be Installed in Garage Ceilings

Beazer Homes has contracted Delmarva Insulation to install insulation above the drop ceilings in 700 Cattail Cove and 900 Marshy Cove.

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http://www.delmarvainsulation.com/

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The estimated cost is approximately $6000. All of which will be paid by Beazer Homes.

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700 Cattail Cove is scheduled for the week of March 21.

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900 Marshy Cove is scheduled for the week of March 28.

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Garage Parking will be restricted during the days of installation.

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900 MC's Association and Sentry Management will notify the residents of temporary changes to parking arrangements. 

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mc900@comcast.net

Aerial photo of 900 MC

Condominium Financing- Freddie Mac.... at least 50% of the units in project are occupied as primary residences or second homes....

Freddie Mac on Condo Financing

Freddie Mac 's Requirements for Condos

http://www.freddiemac.com/learn/pdfs/uw/condo.pdf

....For all mortgages secured by a Condominium Unit in a Condominium Project, you must meet the requirements of Freddie Mac Single-Family Seller/Servicer Guide (Guide) Chapter 42, Special Requirements for Condominiums,........

(Page 3)

Definition of Established Condominium Project:

• Project and related facilities is complete and not subject to additional phasing, AND

• At least 90% of the total units are conveyed to unit purchasers other than the developer, AND

• Unit owners control the homeowners association

In addition to the project eligibility requirements in Guide Section 42.2, if the mortgage does not comply with the eligibility requirement for streamlined reviews in Guide Section 42.4, the mortgage must comply with the following requirements:

• All units, common elements and amenities are complete

• There are no manufactured homes in the project

• Owner-Occupancy Requirements:

- Primary residences and second homes: no owner-occupancy requirements

- Investment properties: at least 50% of the units in project are occupied as primary residences or second homes

Send your comments to mc900@comcast.net

Condominium Financing- Fannie Mae

Fannie Mae on Condo Financing

See Announcement 05-03

https://www.fanniemae.com/content/announcement/05-03.pdf

.........50% or greater must be primary or second home purchases.......

Comments? send them to mc900@comcast.net